Let Amex' Board Pay For The Perks
In "Little sinkhole on the prairie" (Up Front, Dec. 27), I was absolutely shocked to read for how much Harvey Golub stuck the poor unrepresented stockholder of American Express Co. [because the company bought his house and resold it at a loss]. This deal doesn't pass any smell test I have ever heard of. Perhaps it is time for the Internal Revenue Service to take a long, hard look at what companies classify as expenses, and maybe make this great board of directors take personal responsibility for their actions.
Chevy Chase, Md.